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were to default, we would see a big spike in long- term interest rates, so that would affect mortgage rates. it would affect car lending rates. it would affect business lending rates. so all of that could be quite problematic for the whole economy. so that's why, you know, certainly the treasury department and one has to say the federal reserve as well very worried about this. and want to avoid this at all costs. >> ifill: does it have to actually occur or is merely this delay, this debate, is that already putting its own drag on these areas of the economy? >> well, so far i say the uncertainty about what is exactly going to happen, what's going to get cut, what could be affected is giving a lot of consumers and businesses pause, if you will, making it quite risk-averse. and one of the reasons we're going through a soft patch, it's not the only reason, one of the reasons is this uncertainty. and what is triggering is risk aversion on the part of businesses and consumers. so already in a sense they're anticipating or worried about what might happen and pulling back. >> ifill: as we sit
were to default, we would see a big spike in long- term interest rates, so that would affect mortgage rates. it would affect car lending rates. it would affect business lending rates. so all of that could be quite problematic for the whole economy. so that's why, you know, certainly the treasury department and one has to say the federal reserve as well very worried about this. and want to avoid this at all costs. >> ifill: does it have to actually occur or is merely this delay, this...
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Jul 26, 2011
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. >> a big difference in appearance. also, we can see here, it clings to the side of the glass. reminds me of my grandmother making raspberry jam. as here, ok, this is is much more flagrant, gooseberries. it's just generally lighter. >> so you can tell that that glass is more expensive. >> it's all about concentration. >> but would you buy such an expensive bottle? >> no. [laughing] no. certainly not. >> thanks so much. >> not to drink. no way. >> thank you very much, indeed. >> the new owner says he'll open the bottle to celebrate an anniversary. at around 10,000 pounds a glass, let's hope it doesn't disappoint. bbc news in central london. >> well that brings us to the end of today's broadcast. for all of us at "bbc world news america" thank you for watching. see you back here tomorrow. >> make sense of international news at bbc.com/news. >> funding was made possible by the freeman foundation of new york, stowe, vermont, and honolulu, newman's own foundation, and union bank. >> union bank has put its global financial strength to work for a wide range of companies, from small bu
. >> a big difference in appearance. also, we can see here, it clings to the side of the glass. reminds me of my grandmother making raspberry jam. as here, ok, this is is much more flagrant, gooseberries. it's just generally lighter. >> so you can tell that that glass is more expensive. >> it's all about concentration. >> but would you buy such an expensive bottle? >> no. [laughing] no. certainly not. >> thanks so much. >> not to drink. no way. >>...
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acts a little bit of desperation especially because when you look at the big clubs which you dismantle you'll nuclear program first and then we decide to talk to you that's an absolute no no i was in north korea last year you know sure i'm from north. you know fishes directly debt this state awfully is the same state of play as it was srishti eight years ago fifty ace and in verse three of the armistice north korea south korea are still at war with each other doesn't armistice and in the north koreans are saying we have to sit down to the same table with the americans and then we go into formally and the war and then we're going to discuss everything including the nuclear program and the war from the north korean point of view is a war against america is not south korea they view it as a blot that government of the americas and they view that south korea in the minds of young of course it's still all killed by by american troops there are thirty six to thirty eight thousand us troops but the north korea says it has a western occupation of south korea so though unless you start to i rea
acts a little bit of desperation especially because when you look at the big clubs which you dismantle you'll nuclear program first and then we decide to talk to you that's an absolute no no i was in north korea last year you know sure i'm from north. you know fishes directly debt this state awfully is the same state of play as it was srishti eight years ago fifty ace and in verse three of the armistice north korea south korea are still at war with each other doesn't armistice and in the north...
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this current push of united nations big united states. supports the solution along the one hundred sixty seven lines president obama. announced. that when you bring that out sorry to interrupt it interesting that you bring that up because we do i remember the rift between exposed between the u.s. and israel earlier this year when president obama back to return to their accepted borders now are we seeing a shift of u.s. support away from israel. i don't remember there when president obama was in fact a longstanding u.s. policy in the longstanding expectation of the international community that the next seven borders would be the nice line not the final outcome but the baseline of negotiations between israel and the palestinians the israeli reaction was to president obama saying well everybody has long understood what two state solution means what the u.s. is doing in opposing a palestinian will that the usa and trying to keep the palestinians in the usa on box even though the u.s. embarked the peace process is not our leading never be can
this current push of united nations big united states. supports the solution along the one hundred sixty seven lines president obama. announced. that when you bring that out sorry to interrupt it interesting that you bring that up because we do i remember the rift between exposed between the u.s. and israel earlier this year when president obama back to return to their accepted borders now are we seeing a shift of u.s. support away from israel. i don't remember there when president obama was in...
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answer to when we ask for legal guarantees that the system is not aimed at russia we're told there's a big conflict between republicans and democrats in congress and they start to explain that conflict but we're not interested in that what's important for us is that the u.s. is behind this project and they should provide security for all partners russia is very flexible if for some fabricated political reasons they rejected our suggestion to integrate our means of anti missile defense then there's another scheme they could be cooperation between two independent systems if nato wants to defend itself that's no problem but if russia wants to provide its own security so be it otherwise it's like when you come home and discover somebody else's bodyguard sitting in your bedroom he's been sent to provide your security who's going to like that so if suggestions are rejected and it's understood that iran is just a reason to have the plan while russia's nuclear potential is the real target then russia will come up with its own military response which nobody is going to like. now we all have to adap
answer to when we ask for legal guarantees that the system is not aimed at russia we're told there's a big conflict between republicans and democrats in congress and they start to explain that conflict but we're not interested in that what's important for us is that the u.s. is behind this project and they should provide security for all partners russia is very flexible if for some fabricated political reasons they rejected our suggestion to integrate our means of anti missile defense then...
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a big question in that badly wounded nation, did he act alone? and there is a new death toll in this as well. nbc's martin fletcher has been covering the story from the start. he's with us tonight from oslo. martin, good evening. >> reporter: good evening, brian. norway's police today said fewer people have been killed than thought, not 93, but 76, with some still missing. that is small relief for a country that can hardly believe what just happened. anders breivik was brought to court this morning, the face of a mass killer. police described him as calm and unaffected. breivik admitted he carried out the killings but claimed he was not guilty. the judge ordered him held in custody for eight weeks, the first four in solitary confinement. an hour earlier, across norway, two minutes of silence for the victims. later, a mass in memory of the victims was canceled at the last minute, too many people came. >> i think we're trying to take the city back to show human energy after such a powerful and vicious act. >> reporter: but then, chilling news. poli
a big question in that badly wounded nation, did he act alone? and there is a new death toll in this as well. nbc's martin fletcher has been covering the story from the start. he's with us tonight from oslo. martin, good evening. >> reporter: good evening, brian. norway's police today said fewer people have been killed than thought, not 93, but 76, with some still missing. that is small relief for a country that can hardly believe what just happened. anders breivik was brought to court...
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well it makes a little bit of desperation specially because we need to look at the big clause which is you will dismantle it you'll nuclear program first and then we decided to talk to you that's an absolute no no i was in north korea last year and i confirmed from north korean officials directly. this is the same state of glee as it was eight years ago to morrow to morrow is that. any adversity of the parliament says that did not end the north korean war for that matter north korea says we are still at war with each other there's an armistice and in the north koreans are saying we have to sit down the same people with the americans and then we go to formally and the war and then we're going to discuss every scene including the nuclear program so this state that work and right was trying to joke they're going to said oh first you get rid of your nuclear weapons either that or. misses and then we talk so all those in our careers are going to watch them this special and what is going to watch is going to say look our position has been the same for the best if the years take it or leave i
well it makes a little bit of desperation specially because we need to look at the big clause which is you will dismantle it you'll nuclear program first and then we decided to talk to you that's an absolute no no i was in north korea last year and i confirmed from north korean officials directly. this is the same state of glee as it was eight years ago to morrow to morrow is that. any adversity of the parliament says that did not end the north korean war for that matter north korea says we are...
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Jul 26, 2011
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and this going on in washington is a big part of the reason why. before i served in congress i ran a small business in ohio. i was amazed at how different washington d.c. operated than every other business in america. where most american businesses make the hard choices to pay their bills, live within their means. in washington, more spending and more debt is business as usual. well, i've got news for washington, those days are over. president obama came to congress in january and requested businesses as usual. he had ner routine increase in the national debt, but we in the house said not so fast. here was a president asking for the largest debt increase in american history on the heels of the largest spending binge in american history. and here's what we got for that massive spending binge. a new health-care bill that most americans never asked for. a stimulus bill that's more effective in producing material for late night comedians than it was in producing jobs. and a national debt that has gotten so out of hand it sparked a crisis without preced
and this going on in washington is a big part of the reason why. before i served in congress i ran a small business in ohio. i was amazed at how different washington d.c. operated than every other business in america. where most american businesses make the hard choices to pay their bills, live within their means. in washington, more spending and more debt is business as usual. well, i've got news for washington, those days are over. president obama came to congress in january and requested...
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so tomorrow evening will be a big vote. the specific times aren't set, but we're into a series of days where these vote showdowns will be more and more important. a lot of the strategy will go behind the scenes. account various sides wrangle people to get them to their side? this will not be easy for either majority leader reid or boehner. >> kelly o'donnell for us, thank you. >>> joining me is congressman henry coyer and adam kinninger. gentlemen, good morning. congressman claire, the president asked the american people to call their congressmen, and we understand that some sites crashed, we're hearing that the server for the house is still down. what are you hearing? >> we're hearing from our constituents to make sure we don't have a default. we have to find a solution in a bipartisan way. i know there's two competing interests here, but i'm hoping that we get together and work something out. >> obviously congressman kinninger, a number of your colleagues said they would not support john boehner's plan, so i'm wondering i
so tomorrow evening will be a big vote. the specific times aren't set, but we're into a series of days where these vote showdowns will be more and more important. a lot of the strategy will go behind the scenes. account various sides wrangle people to get them to their side? this will not be easy for either majority leader reid or boehner. >> kelly o'donnell for us, thank you. >>> joining me is congressman henry coyer and adam kinninger. gentlemen, good morning. congressman...
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so flooding is going to be a big concern here as well as strong winds anhigh waves along the east coast. in terms of temperatures, it stays hot in china. shanghai reaches 37 degrees. very hot indeed. for the americas looking unsettled down in the southeastern corner here. watch out for the drenching thunderstorms picking up the energy from the gulf of mexico. couple of severe areas to watch out across the northern in the northeastern corner of the u.s. and canada. then behind the tail end of this frontal system, this low pressure moving over montana. northern plains, look out for the strong thunderstorms. looking showery down in the southwestern corner as well as western mexico. here temperatures stay very, very hot in the central and the southern portions of the u.s. 40 degrees in oklahoma city. 34 in denver. and 31 in chicago. now we take a look at europe. it remains very thundery and wet out towards the east. especially for the balkans dealing with that widespread rain and thunderstorms. this system is going to be making its way in a northeasterly direction. much of eastern europe lo
so flooding is going to be a big concern here as well as strong winds anhigh waves along the east coast. in terms of temperatures, it stays hot in china. shanghai reaches 37 degrees. very hot indeed. for the americas looking unsettled down in the southeastern corner here. watch out for the drenching thunderstorms picking up the energy from the gulf of mexico. couple of severe areas to watch out across the northern in the northeastern corner of the u.s. and canada. then behind the tail end of...
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its foreign firms which provided the lion's share of the investment and major maestro never made the big question the market is liberalize the reason regulatory for a more there are markets or capacity the and then are jeanne what we wish is to progress with these in making it clear more functioning russia opened its power sector four years ago privatizing most generating capacity during the crisis some russian firms failed to me the investments obligations while foreigners increased their market share for mass nine percent of capacity. with the commission seventy eight percent of new units generators are now asking regulators for predictability this year the russian government current price rises to fifteen percent we generate a sale lost the millions but that hasn't stopped the flaking off switches that's already covered business our team. that's our business of it for this hour but i'll be back with more in about forty minutes from now. if. you. are limited. to. just some. feel.
its foreign firms which provided the lion's share of the investment and major maestro never made the big question the market is liberalize the reason regulatory for a more there are markets or capacity the and then are jeanne what we wish is to progress with these in making it clear more functioning russia opened its power sector four years ago privatizing most generating capacity during the crisis some russian firms failed to me the investments obligations while foreigners increased their...
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supposed to tank today they didn't people said you know panic didn't happen maybe this isn't such a big deal but there may be reasons for that and we'll get into them but instead i want to focus on what the dollar did today it fell against the swiss franc showing a flight to quality and safety these days might be a flight away from the u.s. dollar which i'm pretty sure is still a problem and jobs though is still a problem too of course if you're one of the millions of unemployed i don't have to tell you that the economy is still shedding them as thousands of fresh layoffs at companies from blackberry to cisco are announced and their jobs are supposed to be figuring out how to get them back for obama he's been touted by the president well his comp company just shipped an entire business of theirs to where else you don't even need me to complete that sentence he shipped it to china now anthony randazzo from reason he joins me now and i'm hoping that he can help me to really prove that these issues mean something that we should be focusing on things for even longer than i think it's nice t
supposed to tank today they didn't people said you know panic didn't happen maybe this isn't such a big deal but there may be reasons for that and we'll get into them but instead i want to focus on what the dollar did today it fell against the swiss franc showing a flight to quality and safety these days might be a flight away from the u.s. dollar which i'm pretty sure is still a problem and jobs though is still a problem too of course if you're one of the millions of unemployed i don't have to...
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Jul 26, 2011
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. >>> big deal. some of the most popular medicines in america like lipitor about to get a lot cheaper? >>> and jackpot. a tulsa man discovers these e d cups are worth more than $1 million. an "antiques roadshow" record. >> wow. >>> good evening. good monday to you. and tonight we begin with the face you haven't seen. the voice you haven't heard. the hotel maid who told thth story that rocketed around the world. the story of the alleged assault that derailed a powerful titan. and she says tonight she will not sit silently while he might go free. it's an abc news exclusive interview with "good morning america" anchor robin roberts who's here with us now. robin. >> and, diane, that woman is nafissatou diallo. they call her nafi. a 32-year-old immigrant from guinea, west africa. in her first television interview, she painstakingly recounts the day she says she was sexually assaulted by dominique strauss-kahn -- the powerful man who, at the time, was the head of the international monetary fund. >> he come
. >>> big deal. some of the most popular medicines in america like lipitor about to get a lot cheaper? >>> and jackpot. a tulsa man discovers these e d cups are worth more than $1 million. an "antiques roadshow" record. >> wow. >>> good evening. good monday to you. and tonight we begin with the face you haven't seen. the voice you haven't heard. the hotel maid who told thth story that rocketed around the world. the story of the alleged assault that...
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need go it's about efficiencies of our productivity gains and it's going to far as they can with the big story and straight later economic initiatives and we reach the point where we need to withdraw from the economy the street needs to get out of hand over to private managers and it's very encouraging that not only the criminal seems to realize that but they seem to be pushing harder and harder with this privatization process and i'm sure. it's just the latest in a string of very senior government officials have come out to push this program and emphasize it's going to go ahead and moreover not just so bits of the company but so completely out of some of the biggest most attractive companies in the country well the government is obviously interested in that what about the companies themselves are they interested in this privatization scheme at all and i think companies must be very happy indeed i mean i think you can divide the companies into two very distinct groups i mean there are those that are run by professionals who are interested in creating you know what are going to be world c
need go it's about efficiencies of our productivity gains and it's going to far as they can with the big story and straight later economic initiatives and we reach the point where we need to withdraw from the economy the street needs to get out of hand over to private managers and it's very encouraging that not only the criminal seems to realize that but they seem to be pushing harder and harder with this privatization process and i'm sure. it's just the latest in a string of very senior...
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those are loans in the past it's more corruption big deal if we don't have you know a big name like medart that we can link this to we're going to ignore it and it's it's absolutely ridiculous because the real story that we should be focusing on is how does the government interact in a crisis and what what are we sort. basing our hopes and our entire sort of like the economy on if we're so based on the government's aaa rating should we begin to assess how we can back away from the interest and principal can we have that discussion yeah i think it's a question i want to how do you go right now i want to ask that sixteen trillion dollars without a bailout for the rich it was you know a lot of it was a that is a bailout of the writers for every foreign entities that fusions is a bailout i mean i would say it's a bailout the banks that don't deserve it. at the time the government saying is a bill for everybody because the argument was if we don't bail out the banks then it filters down into main street ok well where is the bailout for working people because a recent report from northeastern un
those are loans in the past it's more corruption big deal if we don't have you know a big name like medart that we can link this to we're going to ignore it and it's it's absolutely ridiculous because the real story that we should be focusing on is how does the government interact in a crisis and what what are we sort. basing our hopes and our entire sort of like the economy on if we're so based on the government's aaa rating should we begin to assess how we can back away from the interest and...
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now i regard it as part of my life which will never go away and it shouldn't go away because it's a big part of what i worked to create depression. we talked to brian may and just over an hour's time here safe and although corinne is here with the latest from the world of business that's coming your way after a short break. hungry for the food we've got to eat for. the biggest issues get a human voice face to face with the news makers. in india oh she's available in the movie going to joy see her children's a movie that's the gateway to the grand imperial college the torch was the. new kind of letter to george bush it's a duty to go. read this in the kernel was her turn to retreat. to business here in our thanks for joining me well she is looking forward to expanding its privatization program to spur economic growth deputy prime minister laid out a new plan that was disclosed by betterness to newspaper he suggests the for privatization of fourteen state companies by twenty seventeen however according to the plan the government will keep controlling stake said infrastructure companies li
now i regard it as part of my life which will never go away and it shouldn't go away because it's a big part of what i worked to create depression. we talked to brian may and just over an hour's time here safe and although corinne is here with the latest from the world of business that's coming your way after a short break. hungry for the food we've got to eat for. the biggest issues get a human voice face to face with the news makers. in india oh she's available in the movie going to joy see...
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now i regard it as part of my life which will never go away and it shouldn't go away because it's so big part of what i would to create to fashion. queens broadway talks to us your thoughts again just over an hour's time but right now look what's happening in business with. para welcome to our business update this hour thanks for joining me russia is looking forward to expand its privatization program to spur economic growth deputy prime minister shaul of laid out the new plan in an article in the database to newspaper he suggests the full privatization of fourteen state companies by two thousand and seventeen however according to the plan the government will keep controlling stakes in infrastructure companies like russian will always and transmit. the idea of the privatisation was floated last year with initially time companies but now i think we would have over twenty companies i'm going to number the amount of money they're going to raise is going from something like thirty billion to one hundred twenty billion that's ten percent of g.d.p. this isn't about the money necessarily and of
now i regard it as part of my life which will never go away and it shouldn't go away because it's so big part of what i would to create to fashion. queens broadway talks to us your thoughts again just over an hour's time but right now look what's happening in business with. para welcome to our business update this hour thanks for joining me russia is looking forward to expand its privatization program to spur economic growth deputy prime minister shaul of laid out the new plan in an article in...
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big chain a photo which you know. cotto times. in serbia multis available in moscow and hyatt regency. six thirty am in moscow these are your headlines thousands of protesters remain on the streets of madrid furious at spain's huge unemployment rate and the government's faltering attempts to deal with the financial crisis many say the international monetary fund and brussels are deciding the country's future as much as the spanish government. president obama appeals to the public to pressure congress to compromise on rival debt ceiling plans he has only days left before the u.s. could potentially default on its desk from debts for the first time in the nation's history meanwhile secretary of state clinton is working to reassure asian investors i think government will meet its obligations to avoid triggering another potential global economic meltdown. a vigil for victims of norway remembers those lost in friday's deadly attacks this is the man who's confessed to the killings claims he's only one part of an extremist network anders
big chain a photo which you know. cotto times. in serbia multis available in moscow and hyatt regency. six thirty am in moscow these are your headlines thousands of protesters remain on the streets of madrid furious at spain's huge unemployment rate and the government's faltering attempts to deal with the financial crisis many say the international monetary fund and brussels are deciding the country's future as much as the spanish government. president obama appeals to the public to pressure...
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can they go right up to the 11th hour here. >> there's a big cost going to the 11th hour because you start to spook the markets. >> reporter: former fed governor ric mishkin points out when congress at first rejected the tarp financial rescue package in 2008 the dow plummeted nearly 800 points that day. >> boy, was it a disaster. when you go to the last minute and you're basically saying, you know, don't assume that we have responsible adults, well, that actually has huge, huge costs. we've seen this happen before. let's hope it doesn't happen now. >> reporter: economists say the risk of a default is remote, but the risk of a new recession is very real. if america has to slash its spending to stay under the debt ceiling, the recovery could be over and quickly. bob? >> schieffer: thank you very much, anthony. the accused mass killer in the oslo tragedy told authorities he was trying to call attention to what he called the threat of a muslim takeover of europe. today in the streets of oslo, there was an enormous outpouring of grief and sympathy for the victims and the killer's own fath
can they go right up to the 11th hour here. >> there's a big cost going to the 11th hour because you start to spook the markets. >> reporter: former fed governor ric mishkin points out when congress at first rejected the tarp financial rescue package in 2008 the dow plummeted nearly 800 points that day. >> boy, was it a disaster. when you go to the last minute and you're basically saying, you know, don't assume that we have responsible adults, well, that actually has huge,...
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together, the firm's fate founded are known as the big three, and command a 93% share of the market. they look at the books of businesses and countries and judge how able they are to pay back financial observations. in a complex internet -- international economy, this information is vital to investors. when the bretton woods system of monetary management fell apart in the 1970's, the role of ratings agencies became even more important. the u.s. government gave them the task of assuring financial reliability. the european union has also require banks to increase capital in line with risk exposure. that risk is measured by the ratings agencies. >> the influence of ratings agencies lies on the one hand in the way their evaluation system has been incorporated into legislation. on the other hand, many business contracts are tied to the marks of the ratings agencies. that means certain private investors will only invest if there is a certain rating. >> one such example is the insurance giant allianz, which relies on ratings agencies to invest huge amounts of capital. but that system histor
together, the firm's fate founded are known as the big three, and command a 93% share of the market. they look at the books of businesses and countries and judge how able they are to pay back financial observations. in a complex internet -- international economy, this information is vital to investors. when the bretton woods system of monetary management fell apart in the 1970's, the role of ratings agencies became even more important. the u.s. government gave them the task of assuring...
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Jul 26, 2011
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big prescription savings just around the corner for a lot of patients. l. around the corner for a lot of patients. l. [applause] it's really delicious, mom. it's not too well done? nope. but it is a job well done. what are you reading, sweetie? her diary. when you're done, i'd love some feedback. sure. your mom and i read that thing cover-to-cover. loved it. thanks. would you mind if i cut the lawn this weekend? only if you let me talk to your mother on the phone for hours on end. done. [ male announcer ] u-verse brings peace to the family. at&t u-verse lets you record four shows at once from any room and play them back on any tv. get u-verse tv for only $29 a month for 6 months. in the network, everyone can get along. >> a lot of money on the line tonight for cupertino squarey. failure to comply with the law and last valuable cement contract. it's located in the foot hills west of cupertino. as david reports the issue is an expansion at the plant that was not approved. >> critic of the south west cement plant couldn't be happier. they held a rally to celeb
big prescription savings just around the corner for a lot of patients. l. around the corner for a lot of patients. l. [applause] it's really delicious, mom. it's not too well done? nope. but it is a job well done. what are you reading, sweetie? her diary. when you're done, i'd love some feedback. sure. your mom and i read that thing cover-to-cover. loved it. thanks. would you mind if i cut the lawn this weekend? only if you let me talk to your mother on the phone for hours on end. done. [ male...
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answer to when we ask legal guarantees that the system is not aimed at russia we're told there's a big conflict between republicans and democrats in congress and they start to explain that conflict but we're not interested in why it's important for us is that the u.s. is behind this project and they should provide security for all the partners. right now let's check out some of the other main news from around the world this hour the man who is a confessed to killing seventy six people on a rampage in norway may be charged with crimes against humanity thirty two year old anders the brevik has already been charged in court with terrorism which she denies the bombing of government buildings in central oslo and the massacre at an island youth camp last friday devastated the nation one hundred thousand people gathered in the capital in tribute to the victims whatever it says he targeted norway's leading party for failing on immigration. military aircraft carrying eighty one on board has crashed in the south of the country state t.v. news says seventy eight were killed and three severely inj
answer to when we ask legal guarantees that the system is not aimed at russia we're told there's a big conflict between republicans and democrats in congress and they start to explain that conflict but we're not interested in why it's important for us is that the u.s. is behind this project and they should provide security for all the partners. right now let's check out some of the other main news from around the world this hour the man who is a confessed to killing seventy six people on a...
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regard it is part of my life which will never go away and it shouldn't go away because it's it's a big part of what i worked to create a question. but i do stick around here and i would say i will be talking to a crime a little bit later on in the program russia and the us supreme trying to find a common ground on nato has plans for a european missile defense talks in washington it's steaming ahead with the project despite objections from moscow we can now talk to russia's envoy to nato the head of the russian delegation to the us i dimitri goes. i thank you for joining us today so russia wants a joint missile shield in europe all guarantees that the system won't be aimed against it but nato has been very cool on both of these ideas is there any progress at your talks with u.s. officials today. when we don't get to go where you are well. we are engaged in negotiation with both the military and diplomats on the highest level. i just came back from the command center of nato. and we basically finished off. with the general assessment being that. the russian federation will insist upon re
regard it is part of my life which will never go away and it shouldn't go away because it's it's a big part of what i worked to create a question. but i do stick around here and i would say i will be talking to a crime a little bit later on in the program russia and the us supreme trying to find a common ground on nato has plans for a european missile defense talks in washington it's steaming ahead with the project despite objections from moscow we can now talk to russia's envoy to nato the...
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. >> reporter: larry cantor, head of research at barclay's capital says the treasury faces a big $22 billion social security payment august 3rd but recent tax revenues have come in $14 billion higher than expected. >> in other words the treasury on august 2nd stands to have more cash on hand than before and they'll be able to make the big social security payment august 3rd. >> reporter: at most that gives the government one more week. >> can they go up to the 11th hour? >> there's a big cost going to the 11th hour because you start to spook markets. >> reporter: former governor of michigan says in the rescue package in 2008 the dow plummeted nearly 800 points that day. >> boy, was it a disaster, so when you go last minute and you're basically saying you know, don't assume that we have responsible adults that has huge, huge costs we've seen it happen before. let's hope it doesn't happen now. >> reporter: while economists say the risk is remote, the risk of a new recession is very real. if america has to slash its spending to stay under the debt ceiling, the recovery could be over and
. >> reporter: larry cantor, head of research at barclay's capital says the treasury faces a big $22 billion social security payment august 3rd but recent tax revenues have come in $14 billion higher than expected. >> in other words the treasury on august 2nd stands to have more cash on hand than before and they'll be able to make the big social security payment august 3rd. >> reporter: at most that gives the government one more week. >> can they go up to the 11th hour?...
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>> it's a very big risk, anderson. there's two different events here and it's hard to keep them separated from each other. the first is getting the debt sealing lifted. that's the critical negotiation under way now. even if we get it lifted, eric's right. standard & poor's is saying even if you get it lifted it's how much you're willing to cut the deficits that they will really judge the triple-a rating of the united states on and if it's something less than $3 to $4 trillion in real cuts they're going to lower the credit rating of the united states for the first time in our history. we've had it since 1917 we've been triple-a. there's a growing sense at top levels here in washington that the chances of a credit rating downgrade is becoming more than just a possibility but moving towards a probability. >> april, for those who haven't been following this as closely as everybody in washington and a lot of other folks have been following it, where do the -- do both plans stand right now? you have harry reids and john boeh
>> it's a very big risk, anderson. there's two different events here and it's hard to keep them separated from each other. the first is getting the debt sealing lifted. that's the critical negotiation under way now. even if we get it lifted, eric's right. standard & poor's is saying even if you get it lifted it's how much you're willing to cut the deficits that they will really judge the triple-a rating of the united states on and if it's something less than $3 to $4 trillion in real...
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>> it's a very big risk, anderson. there's two different events here and it's hard to keep them separated from each other. the first is getting the debt sealing lifted. that's the critical negotiation under way now. even if we get it lifted, eric's right. standard & poor's is saying even if you get it lifted it's how much you're willing to cut the deficits that they will really judge the triple-a rating of the united states on and if it's something less than $3 to $4 trillion in real cuts they're going to lower the credit rating of the united states for the first time in our history. we've had it since 1917 we've been triple-a. there's a growing sense at top levels here in washington that the chances of a credit rating downgrade is becoming more than just a possibility but moving towards a probability. >> april, for those who haven't been following this as closely as everybody in washington and a lot of other folks have been following it, where do the -- do both plans stand right now? you have harry reids and john boeh
>> it's a very big risk, anderson. there's two different events here and it's hard to keep them separated from each other. the first is getting the debt sealing lifted. that's the critical negotiation under way now. even if we get it lifted, eric's right. standard & poor's is saying even if you get it lifted it's how much you're willing to cut the deficits that they will really judge the triple-a rating of the united states on and if it's something less than $3 to $4 trillion in real...
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big savings -- it's a good look for you. [ blower whirring ] [blower stops] the safety was off. out there with a better way. now, that's progressive. with listerine® whitening plus restoring rinse. it's the only listerine® that gets teeth two shades whiter and makes tooth enamel two times stronger. get dual-action listerine® whitening rinse. building whiter, stronger teeth. morning starts with arthritis pain... that's two pills before the first bell. [ bell rings ] it's time for recess... and more pills. afternoon art starts and so does her knee pain, that's two more pills. almost done, but hang on... her doctor recommended aleve because it can relieve pain all day with just two pills. this is lisa... who switched to aleve and fewer pills for a day free of pain. and get the all day pain relief of aleve in liquid gels. >>> i'm brian sullivan of the cnbc market wrap and stocks are largely taking a hit as investors wait for d.c. to make a debt deal. here are how to averages look. dow down 91 points and led by the industrials and s&p is lower, and more bad news on the housing fro
big savings -- it's a good look for you. [ blower whirring ] [blower stops] the safety was off. out there with a better way. now, that's progressive. with listerine® whitening plus restoring rinse. it's the only listerine® that gets teeth two shades whiter and makes tooth enamel two times stronger. get dual-action listerine® whitening rinse. building whiter, stronger teeth. morning starts with arthritis pain... that's two pills before the first bell. [ bell rings ] it's time for recess......
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that's the big question. but you askd probably the most the smartest question which is even if that's the case, even if we get downgraded, will people stop buying treasurys? on a relative basis, we may still look like not a bad debt at least. >> but the problem in that scenario is that the cost to the government of getting money, of the price you have to pay in interest to get the money that you need will go up. if we're talking about a problem that is rooted in a deficit, a federal deficit that has grown dramatically in the last few years, you're now going to make that worse by making borrowing costs for the government higher. the irony is if the net result of trying to deal with the deficit will be to make borrowing costs higher so that the deficit becomes bigger rather than smaller over time, everybody will have shot themselves in the foot. >> starting with you, jerry, do you see much going on behind the scenes, contingency plans, you know, what-ifs? especially here in washington? you start with washington
that's the big question. but you askd probably the most the smartest question which is even if that's the case, even if we get downgraded, will people stop buying treasurys? on a relative basis, we may still look like not a bad debt at least. >> but the problem in that scenario is that the cost to the government of getting money, of the price you have to pay in interest to get the money that you need will go up. if we're talking about a problem that is rooted in a deficit, a federal...
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. >>> san francisco leads the national league west and open up a big series against the phillies tonight. as for last night's baseball we get highlights from espn news. >>> i'm aneesh shroff with this espn news update. we begin in the bronx. the yankees and mariners. seattle, on a 15-game losing streak and, boy, did not look from the get-go. mark teixeira, two-run shot to deep left. his 27th of the year. yanks take a 2-0 lead. in the third, got a little captain in you. derek jeter, opposite field, fourth home run of the year. yanks go on to win 10-3. the mariners have now lost 16 in a row. >>> the red sox enter play, three-game lead on the yanks in the a.l. east, 14th inning against the royals. pops it up. but gets the run home. kansas city wowod get an insurance run in the 14th then soria gets the final three outs. royals take it, 3-1. >>> twins and rangers. opener of a four-game set, bottom one, michael young with two on. peace. three-run shot, 3-0, texas, young, 3 for 5, kinsler's turn in the third. another three-run homer. 4 for 6, four ribbies. 9-0, rangers after three. got to the p
. >>> san francisco leads the national league west and open up a big series against the phillies tonight. as for last night's baseball we get highlights from espn news. >>> i'm aneesh shroff with this espn news update. we begin in the bronx. the yankees and mariners. seattle, on a 15-game losing streak and, boy, did not look from the get-go. mark teixeira, two-run shot to deep left. his 27th of the year. yanks take a 2-0 lead. in the third, got a little captain in you. derek...
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bill: a big deal, really big deal. by law the white house cannot be used for political functions and that was shot at the map room of the white house and byron york is a chief political analyst with the washington examiner and a fox news contributor. why is darrell issa pursuing this? >> it is unlikely that he will get very far with this. it started with a cheesy little enterprise, the president raffling off a dinner with himself and said, we'll have joe, too. and people said gee, that is the white house and you cannot raise money in the white house, but, previous administrations have used the white house as back drops for political ads, and it is seems more likely what darrell issa is doing here is he is not trying to nail the administration to some big crime but he's saying we're watching, and if you continue to do this and make bigger use of the white house in the 2012 campaign, we will be watching. bill: i see but you think it is a stretch for him to prove anything in this circumstance, you don't feel he has the go
bill: a big deal, really big deal. by law the white house cannot be used for political functions and that was shot at the map room of the white house and byron york is a chief political analyst with the washington examiner and a fox news contributor. why is darrell issa pursuing this? >> it is unlikely that he will get very far with this. it started with a cheesy little enterprise, the president raffling off a dinner with himself and said, we'll have joe, too. and people said gee, that is...
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what is thought to be a basic subatomic particle and proof is provided by the big bang machine. these are massive 17 or 18-mile-long particle accelerators built in geneva, switzerland and illinois. and so what is the god particle and what is confirmation of the existence after decades of searching actually mean? joining me is eric pits from the franklin institute, chief astronomer, and derrick, this is going to grab a lot of people's attention and why is it called the god particle, and what is it? >> well, the god particle is known as a higgs bosign and it is by the standard methods of physics not discovered yet. this is crucial, because it is the one particle that scientists will help us to understand basic things about the universe as you said, be one of the most basic ones is that we don't understand why particles have mass, so it is hoped that by discovering this particle we might be able to figure that out as well as figure out things about the early history of the universe, et cetera, et cetera. >> and derrick, tell us more ant the big bang machines, and these are the mach
what is thought to be a basic subatomic particle and proof is provided by the big bang machine. these are massive 17 or 18-mile-long particle accelerators built in geneva, switzerland and illinois. and so what is the god particle and what is confirmation of the existence after decades of searching actually mean? joining me is eric pits from the franklin institute, chief astronomer, and derrick, this is going to grab a lot of people's attention and why is it called the god particle, and what is...
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what's up there, big fellow? >> how you doing? >> your middle name is danger. >> we love you. >> there are people who find traditional rod and reel fishing boring. they prefer to be in the water, face to face with a catfish. seemed nuts to me. we went to texas where noodling was legalized to see what the sport is all about. ♪ >> my name is louis and i'm 42 from austin, texas. >> you won't have trouble in this hole. >> brady nelson, i'm 30. i have been noodling 16 years. >> i have been fishing since i was 12 years old. ♪ >> reporter: 40 miles east of dallas on a murky texas lake, we set out with a group of fishermen to experience noodling. >> noodling is catching fish with your hands. you work up your courage to stick your hand into that fish residence and coax him to bite you. >> you can see it's kind of sandpapery. >> i got bit. i have been hooked ever since. >> grab him as tight as you can under there. if it's a big fish you put both hands in its mouth. >> reporter: some people think you have to be a man to noodle. >> what d
what's up there, big fellow? >> how you doing? >> your middle name is danger. >> we love you. >> there are people who find traditional rod and reel fishing boring. they prefer to be in the water, face to face with a catfish. seemed nuts to me. we went to texas where noodling was legalized to see what the sport is all about. ♪ >> my name is louis and i'm 42 from austin, texas. >> you won't have trouble in this hole. >> brady nelson, i'm 30. i have been...
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president one big countries dead dead log threatens to damage the u.s. economy the world's largest cruise consumer and therefore gains are limited but for most we don't know what. to look at the stock markets in asia they are so cute so so high risk financials recouping their losses from the previous session as risky financial group as that of three quarters of a percent or so and count on is that it over two percent after making its profit forecast for this year gays in hong kong are led by the banking sector. and russia one hour left to go before the opening bell on monday the russian markets finished last in mexico as you made was when the selling pressure on the lower crude prices a gold mine a surge of high demand for prices. on russian equities and struggle to continue last week's performance of units of the capital says all eyes are on whether the u.s. can conjure up a plan to solve that situation. well the markets are still waiting for a decision on the u.s. debt deal so we do have all the lawmakers will counter some definite solution because the
president one big countries dead dead log threatens to damage the u.s. economy the world's largest cruise consumer and therefore gains are limited but for most we don't know what. to look at the stock markets in asia they are so cute so so high risk financials recouping their losses from the previous session as risky financial group as that of three quarters of a percent or so and count on is that it over two percent after making its profit forecast for this year gays in hong kong are led by...
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there was a big thing in central park, a big blowup with the characters. >> it's smurfs week in new york. >> for those who don't this big. >> its not there. >> what are you looking at? >> there's a few processes to rehearsing to get to filming, but you work with a little gelatinous smurf. eventually they take it away and wiewr working with stickers. it's tricky. >> what's harder, working with the smurfs or doogie houser? >> he was a dream to work with. i was a big fan of his. when i got the script, i knew he was attached to the script. i was excited to work with him. >> he's been here a couple of times, he's a nice guy. >> yes, he is. >> we'll catch you on the smurfs. it opens this weekend. >> thanks for being here. >> thanks for having me. >> meanwhile, straight ahead, what's missing from this picture? did the president just get ditched? a former economic advisor to president bush on why the white house got kicked out of the debt debate. >>> your mcdonald's happy meals are about to be replaced with a healthy meal. you can thank the fat police for that. how will that change and when? on
there was a big thing in central park, a big blowup with the characters. >> it's smurfs week in new york. >> for those who don't this big. >> its not there. >> what are you looking at? >> there's a few processes to rehearsing to get to filming, but you work with a little gelatinous smurf. eventually they take it away and wiewr working with stickers. it's tricky. >> what's harder, working with the smurfs or doogie houser? >> he was a dream to work with....
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what makes a big splash in the world of high tech business questions in advance science in the i can't she products don't understand calling these is going to be full of russian innovators to each of bidders abroad and their big breakthrough back home spotlight on stocks on technology update here on. the future coverage. if. blind motion would be so much brighter than if you knew about sound from phones to christians. for instance on t.v. . more news today volunteers once again flared up. these are the images the world has been seeing from the streets of canada. china operations are all today. welcome back here's a recap of the main stories we're covering on our teeth suicide rates in japan are rising as people struggle with the aftermath of the earthquake disaster. radiation at the fukushima nuclear plant could be contained within a. president obama is calling on the public to pressure congress into a deal on avoiding default blames republicans for a stalling talks and refusing to compromise on a debt. at a top north korean diplomat is invited to new york to revive last salt talks on
what makes a big splash in the world of high tech business questions in advance science in the i can't she products don't understand calling these is going to be full of russian innovators to each of bidders abroad and their big breakthrough back home spotlight on stocks on technology update here on. the future coverage. if. blind motion would be so much brighter than if you knew about sound from phones to christians. for instance on t.v. . more news today volunteers once again flared up. these...
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skilled and its foreign firms which provided the lion's share of the investment in major maestro never a big chunk of the market these liberalize the reason regulatory framework there are markets are capacity is the and then are g.e. what we wish is progress with this in making it more functioning russia opened its power sector four years ago privatizing most generating capacity during the crisis some russian firms feel to me the investment obligations while foreigners increased their market share poorness on nine percent of capacity. with the commission seventy eight percent of new units generators are now asking regulators for predictability this year the russian government's current price rises to fifteen percent we generated feel lost the millions but that hasn't stopped the flaking off switches problem if the good part of the new drain doesn't sell promising for the better all the more in return for more gigawatts if you want to call the business our team. so good at the markets now boyle is trading our plans after u.s. president warns the country's debt deadlock threatens to damage the
skilled and its foreign firms which provided the lion's share of the investment in major maestro never a big chunk of the market these liberalize the reason regulatory framework there are markets are capacity is the and then are g.e. what we wish is progress with this in making it more functioning russia opened its power sector four years ago privatizing most generating capacity during the crisis some russian firms feel to me the investment obligations while foreigners increased their market...
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it's a really big issue. it's going to become much more prominent as the week progresses if this is not all resolved. >> a lot of people weighing in even overseas. allan chernoff, thanks so much. zain verjee, we were talking about this yesterday. i think the british financial secretary yesterday calling us nutters. i have never heard that word before, but basically we are losing a lot of street cred when it comes to our politics because of, you know, the bickering back and forth. >> reporter: right. nutter, otherwise also pronounced nuers means this is crazy. get straight to the headlines here. this is what the independents say in the uk. raising the debt ceiling may not be enough to prevent financial disaster. it says with drama of an episode of "mcgyver." the items action series president obama -- primed to rip through the financial markets one week from now. check this out. wj wnel says structural change will only succeed if it's a company by a moral argument unabashed cultural defense of the free flis sys
it's a really big issue. it's going to become much more prominent as the week progresses if this is not all resolved. >> a lot of people weighing in even overseas. allan chernoff, thanks so much. zain verjee, we were talking about this yesterday. i think the british financial secretary yesterday calling us nutters. i have never heard that word before, but basically we are losing a lot of street cred when it comes to our politics because of, you know, the bickering back and forth. >>...
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the big. dancing with do you call a whole weekend of that talks in d.c. into nothing but the clock keeps ticking so when will the same old song and. and hunger pains in somalia millions of people are dying famine and no one in the world seems to care so why is there no attention being brought to this disturbing matter. plus as the mastermind behind the twin terror attacks in norway pleads not guilty what's behind his masonic ideology and should it be taken seriously or try to decode the sim. do you go to museums or is you know you did good to get that land that i come from so he has a stronger economy masking reality with some comic con belief why don't these people get together for real issues stuff like saving the world from economic doom . and a league of their own even after title nine why are so many and why are women still on the losing end when it comes to sports. it's monday july twenty fifth eight pm in washington d.c. and christine and you are watching our team. all right everyone the clock is ticking just nine days to go until the deadline to r
the big. dancing with do you call a whole weekend of that talks in d.c. into nothing but the clock keeps ticking so when will the same old song and. and hunger pains in somalia millions of people are dying famine and no one in the world seems to care so why is there no attention being brought to this disturbing matter. plus as the mastermind behind the twin terror attacks in norway pleads not guilty what's behind his masonic ideology and should it be taken seriously or try to decode the sim. do...
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jon: a fox business alert for you now and some big reeds on the -- big reads on the economy today. two of those on the housing market. new home sales falling 1% last month hitting record lows in parts of the northeast and the west. but there's one bright spot. home prizes rose for a second straight month in may helped by spring buying. prices rose in 16 of the 20 cities surveyed. meantime, consumer confidence slightly herer in july, up to 59.5 from june's 57.6 but still well below 90, and that's what it takes to indicate a healthy economy. so far the markets seem more focused on company earnings than the debt crisis. the dow down slightly right now, about 55 points, but eventually the markets will react to the lack of a debt deal. fox business network's rich edson live from washington with more on that. rich? >> reporter: well, jon, it stands on two different proposals right now, one pushed by republicans, the second -- naturally -- pushed by democrats. first off, to the senate plan, something offered by senate majority leader harry reid. cuts $2.7 trillion over ten years and then
jon: a fox business alert for you now and some big reeds on the -- big reads on the economy today. two of those on the housing market. new home sales falling 1% last month hitting record lows in parts of the northeast and the west. but there's one bright spot. home prizes rose for a second straight month in may helped by spring buying. prices rose in 16 of the 20 cities surveyed. meantime, consumer confidence slightly herer in july, up to 59.5 from june's 57.6 but still well below 90, and...
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i'm contessa brewer covering the big news coast to coast. the big story, dysfunction junction. seven days and counting to the august 2nd debt default deadline. the two sides seem even further apart. >> right now there's no danger of any bill getting to the president's desk because we're at stalemate. >> it seems an edge bridgeable gap. >> the american people may have voted for divided government, but they didn't vote for a dysfunctional government. >> in back-to-back speeches president obama and house speaker john boehner laid out duelling debt plans. >> we can't allow the american people to become collateral damage to washington's political warfare. >> president obama pushing what he calls a balanced approach. including spending cuts and raising tax revenue. >> the sad truth is that the president wanted a blank check six months ago and he wants a blank check today. >> john boehne
i'm contessa brewer covering the big news coast to coast. the big story, dysfunction junction. seven days and counting to the august 2nd debt default deadline. the two sides seem even further apart. >> right now there's no danger of any bill getting to the president's desk because we're at stalemate. >> it seems an edge bridgeable gap. >> the american people may have voted for divided government, but they didn't vote for a dysfunctional government. >> in back-to-back...
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. >> last-minute catches on the big day. for hundreds of same-sex couples queuing up in the sweltering manhattan he, this was a moment to treasure. with the celebration comes spending. it has been estimated that same- sex weddings will boost the york's economy by half -- by $300 million in the next three years. the handful of states that have legalized same-sex marriage, new york has -- is the one that will draw in the crowds. it is a destination in its own right. mark has his cupcake at the ready. his customers in this predominantly gay area of manhattan are now planning their wet beans. >> roughly 50% of our business is wedding cakes. we are anticipating probably a 30% leap in revenue from a wedding cakes alone. >> same-sex weddings will generate cash for your, but for the couples who just got married here, financial equality is some way off. the federal government does not recognize these weddings. >> if one of us should pass away before the other, when it eventually happens, one cannot get the others social security. and
. >> last-minute catches on the big day. for hundreds of same-sex couples queuing up in the sweltering manhattan he, this was a moment to treasure. with the celebration comes spending. it has been estimated that same- sex weddings will boost the york's economy by half -- by $300 million in the next three years. the handful of states that have legalized same-sex marriage, new york has -- is the one that will draw in the crowds. it is a destination in its own right. mark has his cupcake at...
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in the forest see it doesn't recognize israel it is dedicated to war against israel now we have the big grievance here we have something to fear we are under threat israel is hundreds of thousands of israelis living in the south and part of the country are under threats by rockets and mortar shells every time hamas or other groups in gaza feel like firing on israeli territory we are under threat here and this is the threat we want to remove among other things by signing a peace treaty that can stand that can provide security guarantees were not frightening anyone we're extending our hand in peace and our actions over the years not just pulling out from palestinian territory not just dismantling settlements and military cons but also working to empower palestinian civil society and training palestinian doctors and experts in agriculture and irrigation training palestinian professionals fostering a youth camp fostering people meeting and knowing each other all. speak for themselves is one species is road works for peace and our homes is extended it should be taken at face value and you wi
in the forest see it doesn't recognize israel it is dedicated to war against israel now we have the big grievance here we have something to fear we are under threat israel is hundreds of thousands of israelis living in the south and part of the country are under threats by rockets and mortar shells every time hamas or other groups in gaza feel like firing on israeli territory we are under threat here and this is the threat we want to remove among other things by signing a peace treaty that can...